Eminent Gold Corp (EMNT) - Net Assets
Based on the latest financial reports, Eminent Gold Corp (EMNT) has net assets worth CA$9.97 Million CAD (≈ $7.21 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$10.28 Million ≈ $7.44 Million USD) and total liabilities (CA$309.16K ≈ $223.64K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Eminent Gold Corp balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$9.97 Million |
| % of Total Assets | 96.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | 91.6% |
| 10-Year Change | N/A |
| Growth Volatility | 96.3 |
Eminent Gold Corp - Net Assets Trend (2017–2024)
This chart illustrates how Eminent Gold Corp's net assets have evolved over time, based on quarterly financial data. Also explore Eminent Gold Corp (EMNT) total assets for the complete picture of this company's asset base.
Annual Net Assets for Eminent Gold Corp (2017–2024)
The table below shows the annual net assets of Eminent Gold Corp from 2017 to 2024. For live valuation and market cap data, see Eminent Gold Corp (EMNT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.37 Million ≈ $3.16 Million |
+60.55% |
| 2023-12-31 | CA$2.72 Million ≈ $1.97 Million |
-49.26% |
| 2022-12-31 | CA$5.36 Million ≈ $3.88 Million |
+15.41% |
| 2021-12-31 | CA$4.65 Million ≈ $3.36 Million |
+103.80% |
| 2020-12-31 | CA$2.28 Million ≈ $1.65 Million |
+237.32% |
| 2019-12-31 | CA$676.05K ≈ $489.04K |
+409.89% |
| 2018-12-31 | CA$-218.16K ≈ $-157.81K |
-108.63% |
| 2017-12-31 | CA$-104.57K ≈ $-75.64K |
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Equity Component Analysis
This analysis shows how different components contribute to Eminent Gold Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 921811600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.83 Million | 339.51% |
| Total Equity | CA$4.37 Million | 100.00% |
Eminent Gold Corp Competitors by Market Cap
The table below lists competitors of Eminent Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garden Stage Limited Ordinary Shares
NASDAQ:GSIW
|
$25.71 Million |
|
Jet2 PLC
LSE:JET2
|
$25.72 Million |
|
Greenyield Bhd
KLSE:0136
|
$25.74 Million |
|
Galil Capital Re Spain SOCIMI SA
MC:YGCS
|
$25.75 Million |
|
Zodiac Energy Limited
NSE:ZODIAC
|
$25.69 Million |
|
Castile Resources Ltd
AU:CST
|
$25.69 Million |
|
Xali Gold Corp
V:XGC
|
$25.66 Million |
|
Cubic Korea Inc
KQ:021650
|
$25.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eminent Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,721,483 to 4,369,396, a change of 1,647,913 (60.6%).
- Net loss of 848,071 reduced equity.
- New share issuances of 2,325,682 increased equity.
- Other factors increased equity by 170,302.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-848.07K | -19.41% |
| Share Issuances | CA$2.33 Million | +53.23% |
| Other Changes | CA$170.30K | +3.9% |
| Total Change | CA$- | 60.55% |
Book Value vs Market Value Analysis
This analysis compares Eminent Gold Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CA$-0.01 | CA$0.62 | x |
| 2018-12-31 | CA$-0.01 | CA$0.62 | x |
| 2019-12-31 | CA$0.03 | CA$0.62 | x |
| 2020-12-31 | CA$0.06 | CA$0.62 | x |
| 2021-12-31 | CA$0.11 | CA$0.62 | x |
| 2022-12-31 | CA$0.12 | CA$0.62 | x |
| 2023-12-31 | CA$0.05 | CA$0.62 | x |
| 2024-12-31 | CA$0.07 | CA$0.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eminent Gold Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-19.41%) is above the historical average (-36.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-90.12K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-91.77K |
| 2019 | -12.13% | 0.00% | 0.00x | 1.04x | CA$-149.61K |
| 2020 | -55.80% | 0.00% | 0.00x | 1.06x | CA$-1.50 Million |
| 2021 | -26.10% | 0.00% | 0.00x | 1.06x | CA$-1.68 Million |
| 2022 | -28.17% | 0.00% | 0.00x | 1.05x | CA$-2.05 Million |
| 2023 | -153.52% | 0.00% | 0.00x | 1.12x | CA$-4.45 Million |
| 2024 | -19.41% | 0.00% | 0.00x | 1.13x | CA$-1.29 Million |
Industry Comparison
This section compares Eminent Gold Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $49,314,810
- Average return on equity (ROE) among peers: -11.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eminent Gold Corp (EMNT) | CA$9.97 Million | 0.00% | 0.03x | $25.70 Million |
| Aftermath Silver Ltd (AAG) | $-553.41K | 0.00% | 0.00x | $185.75 Million |
| Aton Resources Inc (AAN) | $-1.13 Million | 0.00% | 0.00x | $49.79 Million |
| Arbor Metals Corp (ABR) | $1.00 Million | -16.27% | 0.02x | $10.75 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $4.67 Million |
| Adex Mining Inc (ADE) | $-30.95 Million | 0.00% | 0.00x | $27.09 Million |
| Alphamin Res (AFM) | $367.40 Million | 27.47% | 0.33x | $1.30 Billion |
| Silver X Mining Corp (AGX) | $38.37 Million | -47.47% | 0.73x | $148.73 Million |
| Amarc Resources Ltd. (AHR) | $14.00 Million | 5.93% | 0.01x | $148.33 Million |
| Almonty Industries Inc (AII) | $39.75 Million | -36.45% | 3.85x | $4.73 Billion |
| Aldebaran Resources Inc (ALDE) | $64.54 Million | -3.09% | 0.01x | $332.39 Million |
About Eminent Gold Corp
Eminent Gold Corp., gold exploration company, engages in the exploration and evaluation of resource properties in the United States. It explores for gold and silver deposits. The company holds an option agreement to acquire 100% interests in the Hot Springs property located in Humboldt County, Nevada; and the Gilbert South property located to the west of Tonopah, Nevada. It also holds interest in… Read more